The opendatabase published impressive data on the gaming business of Ukraine for 2023:
- 28-fold increase in total revenue: from UAH 1.94 billion in 2022 to UAH 54.92 billion in 2023.
- 9 online casinos and 1 lottery operator entered the top 10.
- 51-fold growth of the market leader – Spacex (Cosmolot).
- 425 times increase in income of Fawbet.
Leaders of 2023
- Spaceix (Cosmolot) – UAH 27.95 billion (51-fold increase)
- Favbet – UAH 9.79 billion (425-fold increase
- Ukr Game Technologies (PIN-UP) – UAH 3.62 billion (4-fold increase)
- Slots UA (SLOTOKING, 777) – UAH 3.4 billion (103-fold increase)
- VBET – UAH 3.1 billion (19-fold increase)
Other interesting facts:
- In 2022, only 3 out of 10 Index companies were profitable.
- 2023 was a profitable year for all participants of the top 10.
The only lottery operator in the Index is the Ukrainian National Lottery (UNL) with a 2.5-fold increase in revenue.
More about the leaders:
- Spaceix (Cosmolot) is the market leader since 2022, owned by Serhii Potapov and Arnulf Damerau.
- Favbet – a phenomenal 425-fold increase in income, owner – Andriy Matyukha.
- Ukr Game Technologies (PIN-UP) – lost the top spot, but kept a 4-fold growth, owner – Ihor Zotko.
This testifies to the rapid growth and dynamic development of the gaming business in Ukraine.
